- Net sales for Hubbell in Q2 were reported at $1.45 billion, falling short of the estimated $1.48 billion.
- Electrical solutions division net sales came in at $526.0 million, exceeding the estimate of $520.8 million.
- Utility Solutions division net sales were $926.5 million, which was below the estimated $963.8 million.
- Adjusted EPS (Earnings Per Share) stood at $4.37, surpassing the estimate of $4.23.
- Analysts’ ratings include 6 buys and 6 holds, with no sell recommendations.
A look at Hubbell Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Hubbell Inc, a manufacturer of electrical and electronic products, presents a promising long-term outlook based on a combination of the Smartkarma Smart Scores. With above-average scores in Growth, Resilience, and Momentum, the company seems well-positioned for future success. A noteworthy aspect is its strong performance in Growth, indicating potential for expansion and development within its industry. Furthermore, its Resilience score suggests a level of stability that could weather economic uncertainties. Combined with a moderate Value score, Hubbell Inc appears to offer a solid investment opportunity for those looking towards the future.
Hubbell Inc‘s diversified product range catering to commercial, industrial, utility, and telecommunications markets provides a sturdy foundation for growth. While there may be room for improvement in terms of Value and Dividend scores, the company’s overall outlook remains positive. Operating both in the United States and overseas, Hubbell Inc‘s focus on plugs, lighting fixtures, and other essential components positions it as a key player in the electrical and electronic sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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